Free Research Reports on These REIT Stocks -- Starwood Property Trust, PennyMac Mortgage Investment Trust, Urban Edge Properties, and Lexington Realty Trust
NEW YORK, Jan. 10, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on STWD, PMT, UE, and LXP which can be accessed for free by signing up to http://www.wallstequities.com/registration. For today, WallStEquities.com navigates the Diversified REITs industry, which invests in a wide variety of real estate assets, including leveraged portfolios of real estate financial products, such as mortgage backed securities, agency and non-agency mortgage investments, and other debt, along with physical properties. Under monitoring this morning are the following stocks: Starwood Property Trust Inc. (NYSE: STWD), PennyMac Mortgage Investment Trust (NYSE: PMT), Urban Edge Properties (NYSE: UE), and Lexington Realty Trust (NYSE: LXP). All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration
Starwood Property Trust
Greenwich, Connecticut headquartered Starwood Property Trust Inc.'s stock finished Tuesday's session 0.81% lower at $20.91. A total volume of 2.01 million shares was traded, which was above their three months average volume of 1.70 million shares. The Company's shares are trading below their 50-day moving average by 3.11%. Moreover, shares of the Company, which originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate investments in the US and Europe, have a Relative Strength Index (RSI) of 33.11.
On January 04th, 2018, Starwood Property Trust (STWD) announced that it has signed a definitive agreement to acquire an institutional-quality, multifamily affordable housing portfolio in Florida, comprising 28 properties and 6,185 units for approximately $600 million. The portfolio is 99% leased and predominately located in Orlando with smaller concentrations in the West Palm Beach, Tampa, and Miami MSAs. The Company is acquiring the portfolio with a combination of units, which is exchangeable into STWD common shares, cash, and debt financing in a newly formed subsidiary. Get the full research report on STWD for free by clicking below at: http://www.wallstequities.com/registration/?symbol=STWD
PennyMac Mortgage Investment Trust
Shares in Westlake Village, California-based PennyMac Mortgage Investment Trust declined slightly by 0.69%, ending yesterday's session at $15.88 with a total trading volume of 324,958 shares. The stock is trading 0.10% above its 50-day moving average. Shares of the Company, which invests primarily in residential mortgage loans and mortgage-related assets in the US, have an RSI of 47.03.
On December 19th, 2017, PennyMac Mortgage Investment Trust's Board of Trustees declared a cash dividend of $0.47 per common share of beneficial interest for Q4 2017. This dividend will be paid on January 26th, 2018, to common shareholders of record as of December 29th, 2017. Find your free research report on PMT at: http://www.wallstequities.com/registration/?symbol=PMT
Urban Edge Properties
On Tuesday, Urban Edge Properties' stock saw a drop of 2.72%, to close the day at $24.32. A total volume of 403,510 shares was traded. The stock is trading 2.46% below their 50-day moving average. Additionally, shares of the Company, which focuses on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region, have an RSI of 38.18. Sign up today for the free research report on UE at: http://www.wallstequities.com/registration/?symbol=UE
Lexington Realty Trust
Shares in New York City-based Lexington Realty Trust ended the day 2.91% lower at $9.34. A total volume of 1.44 million shares was traded, which was above their three months average volume of 860,610 shares. The stock is trading below its 200-day moving average by 7.27%. Furthermore, shares of the Company, which invests in real estate markets of the US, have an RSI of 23.79.
On December 11th, 2017, research firm Evercore ISI downgraded the Company's stock rating from 'Outperform' to 'In-line'.
On January 09th, 2018, Lexington Realty Trust announced updates on its Q4 2017 transaction activity. Highlights included the acquisition of four industrial properties for an aggregate cost of $140 million; the disposal of eight properties for an aggregate of $48 million; the formation of a joint venture, which acquired a 151-acre parcel of land to pursue industrial, build-to-suit opportunities; and the collection of $49 million in full satisfaction of a loan to a joint venture, among many other Q4 2017 transaction activities. Wall St. Equities' research coverage also includes the downloadable free report on LXP at: http://www.wallstequities.com/registration/?symbol=LXP
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